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Want to Speak Crypto?
ATAIX glossary all you need to know.
Are you new to the cryptocurrency world and feeling a bit lost? Don't worry, you are not alone. The cryptocurrency space can be daunting for newcomers, with its many terms, abbreviations and definitions that can be difficult to understand.
ATAIX crypto glossary will help make sense of some of the most common cryptocurrency terms and definitions. Armed with this information, you'll be ready to start participating in this exciting and innovative new economy!
B
- Bag
- Bagholder
- Bank Secrecy Act (BSA)
- Banking as a Service (BaaS)
- Beacon Chain
- Bear
- Bear Trap
- Bearwhale
- Benchmark
- BEP-2 (Binance Chain Tokenization Standard)
- BEP-20
- Bid Price
- Bid-Ask Spread
- Binance Labs
- Bitcoin Pizza
- Bitcoiner
- Bitcointalk
- BitLicense
- BitPay
- Blockchain
- Blockchain Trilemma
- Brian Armstrong
- Bull
- Bull Trap
- Bull vs Bear Crypto Market
Who is a Crypto Bearwhale?
A bear whale is a person who has a large number of cryptocurrencies and uses their account to pull the price down and profit from it.
In 2014, a trader nicknamed "BearWhale" was sighted. This person was a Bitcoin collector trying to sell 30,000 Bitcoin all at once for $300 per coin, or $9 million in total. Not one person knew why this was the case or why they were so eager to sell their currency.
This huge sell caused the Bitcoin markets to be distorted and the price of Bitcoin to stand at $300 for hours while all 30,000 of the seller's coins started selling.